In: Statistics and Probability
Thirty-three small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 43.7 cases per year.
(a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
(b) Find a 95% confidence interval for the population mean annual
number of reported larceny cases in such communities. What is the
margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
(c) Find a 99% confidence interval for the population mean annual
number of reported larceny cases in such communities. What is the
margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
Solution :
Given that,
Point estimate = sample mean =
= 138.5
Population standard deviation =
= 43.7
Sample size = n = 33
a) At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
Margin of error = E = Z/2
* (
/n)
= 1.645 * (43.7 / 33
)
= 12.5
At 90% confidence interval estimate of the population mean is,
± E
138.5 ± 12.5
( 126.0, 151.0)
lower limit = 126.0
upper limit = 151.0
margin of error = 12.5
b) At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
Margin of error = E = Z/2
* (
/n)
= 1.96 * (43.7 / 33)
= 14.9
At 95% confidence interval estimate of the population mean is,
± E
138.5 ± 14.9
( 123.6, 153.4)
lower limit = 123.6
upper limit = 153.4
margin of error = 14.9
c) At 99% confidence level
= 1 - 99%
= 1 - 0.99 =0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
Margin of error = E = Z/2
* (
/n)
= 2.576 * (43.7 / 33
)
= 19.6
At 99% confidence interval estimate of the population mean is,
± E
138.5 ± 19.6
( 118.9, 158.1)
lower limit = 118.9
upper limit = 158.1
margin of error = 19.6